💎 Telegram’s Crypto Wallet Goes Live in Uzbekistan After Securing Official License
Uzbek users can now trade, store, and send crypto directly inside Telegram — a major regulatory milestone that positions the region for rapid digital-asset adoption.
⚡ Quick Facts
- Telegram’s Crypto Wallet officially launches in Uzbekistan after receiving regulatory approval.
- Users gain access to 200+ assets, including USDT, BTC, TON, ETH.
- Integrated card purchases via Humo, Visa, Mastercard through Asterium.
- Instant in-Telegram transfers: fast, free, and available in Russian and Uzbek.
- Custodial model offers ease of use — but requires trust in the service provider.
🚀 A Licensed Crypto On-Ramp Inside Telegram
Starting today, millions of Uzbek Telegram users can access Crypto Wallet — now officially licensed in the country. The rollout transforms Telegram from a messaging app into a regulated financial gateway for crypto trading and transfers.
The service is designed for newcomers: fast onboarding, built-in fiat on-ramps, and a simple interface that removes friction from crypto adoption.
💳 Card Purchases Through Asterium Integration
Thanks to a partnership with Asterium, users in Uzbekistan can now buy crypto directly with:
- Humo
- Visa
- Mastercard
This positions Uzbekistan as one of the few countries where Telegram’s crypto ecosystem is fully integrated with local payment infrastructure.
📲 What Users Can Do Today
- Trade 200+ assets — from stablecoins to majors like BTC, TON, ETH.
- Store assets securely and participate in rewards programs.
- Send crypto instantly and free to friends and family inside Telegram.
- Access local-language support in Russian and Uzbek.
🔐 Crypto Wallet vs TON Wallet: Custody vs Control
Telegram now effectively supports two paradigms of digital ownership:
Crypto Wallet — custodial
- Private keys stored on the platform.
- No network fees for internal transfers.
- Supports card purchases, rewards, and tokenized products.
TON Wallet — non-custodial
- Users control their private keys.
- Network fees apply.
- Supports NFTs, DApps, and full blockchain autonomy.
The trade-off is familiar: convenience vs sovereignty.
⚠️ Risk Notice: Read Before You Buy
Telegram highlights several risks all users should understand:
- High volatility: crypto prices can move sharply and unpredictably.
- Liquidity risks: market instability can limit the ability to trade.
- No guaranteed returns: past performance is not indicative of future results.
- No investment advice: users must assess risks independently.
🌍 ATH.LIVE Analysis: A Breakthrough Moment for Central Asia
1. A Massive Onboarding Funnel
Telegram is the dominant communication platform in Uzbekistan. Embedding crypto inside an app people already use lowers the barrier to adoption dramatically.
2. Custodial Wallets: The Double-Edged Sword
ATH.LIVE analysts note:
“Custodial wallets are how mass adoption begins — but users must understand the trade-offs.”
Pros:
- frictionless UX,
- free internal transfers,
- no need to manage private keys.
Cons:
- no full control over funds,
- reliance on the platform’s technical and regulatory stability.
3. A Bridge Between Traditional Finance and Web3
By enabling fiat purchases through local cards, Telegram builds a real financial on-ramp that feels native to Uzbek users — a crucial step in emerging markets.
🧩 TL;DR
- Telegram’s Crypto Wallet is now officially licensed in Uzbekistan.
- Users can trade 200+ assets, store crypto, and send transfers instantly.
- Asterium enables purchases via Humo, Visa, and Mastercard.
- Custodial wallet = easier, but users must trust the platform.
- ATH.LIVE sees this as a major step toward mass crypto adoption in Central Asia.